Main St. Finance

04 - 401k and Friends

June 2, 2020

In this week’s episode, we cover workplace retirement plans. I talk about the three most widely available employer sponsored accounts (the 401k, the 457 and the 403b) and how they work. Topics covered include: what these accounts are, contribution limits and how they are taken from your paycheck, vesting schedules, what rollovers are, and the history of these plans work. Be sure to check out the Main St. Finance YouTube channel, where there will be 2 companion videos to this episode posted within the next few days.

Show email address: Mainstfinance@gmail.com

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